The line graph shows the production (in tonnes) and the sales (in tonnes) of a company.
What is the percentage of maximum increase or reduction in the production of the company in comparison to the previous year?
Answer & explanation
Correct answer: option 2
In year 2016 ,
Percentage of increase in production in year 2016 compared to previous year
= \(\frac{628-600 }{600}\) × 100
= \(\frac{28 }{600}\) × 100
= 4.67%
In year 2017 ,
Percentage of increase in production in year 2017 compared to previous year
= \(\frac{750-628 }{628}\) × 100
= \(\frac{122 }{628}\) × 100
= 19.42%
In year 2018 ,
Percentage of decrease in production in year 2018 compared to previous year
= \(\frac{750-500 }{750}\) × 100
= \(\frac{250 }{750}\) × 100
= 33.33%
In year 2019 ,
Percentage of increase in production in year 2019 compared to previous year
= \(\frac{570-500 }{500}\) × 100
= \(\frac{70 }{500}\) × 100
= 14%
So , percentage of maximum increase or reduction in the production of the company in comparison to the previous year is 33.33%
Ans :- 33.33%